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Dec 5, 2012
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so the yearly obama trip to hawaii is set to start a week from next monday. you feel me here? see where i'm going? the window closing faster than folks think. what are our decisionmakers doing right now? among other things they are apparently sending signals through the media. republicans saying time to get moving. the president saying there is a deal to be had fairly quickly if the republicans come around to raising taxes on the wealthy. let me give you the president first. >> -- good faith offer to avert the fiscal crisis, and that offer included significant spending cuts and reforms, and it included additional revenue. and frankly it was the balanced approach that the president has been asking for. now we need a response from the white house. we can't sit here and negotiate with ourselves. our targets and framework are things that we can all agree on. and it is exactly how we approached our discussions in the biden group, my discussions at the white house a year and a half ago and for that matter, in the joint select committee. and if the president doesn't agree with our pr
so the yearly obama trip to hawaii is set to start a week from next monday. you feel me here? see where i'm going? the window closing faster than folks think. what are our decisionmakers doing right now? among other things they are apparently sending signals through the media. republicans saying time to get moving. the president saying there is a deal to be had fairly quickly if the republicans come around to raising taxes on the wealthy. let me give you the president first. >> -- good...
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Dec 6, 2012
12/12
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. >>> president obama says a budget deal could be reached in a week if republicans accept higher taxes for the wealthy he was 2% of americans. but that "fiscal cliff" deadline is less than four weeks away and still no deal between the president and republicans. cbs 5 political reporter grace lee on what this gridlock could cost californians. >> reporter: basically, it could cost us billions. the daily democrat estimates that if no deal is reached and we go over the "fiscal cliff," our state could lose out on $4.5 billion of federal money and lose 200,000 jobs. and this can hit the lower middle class with a one-two punch a combination of unemployment and fewer social safety nets. >> they want us to close on wednesday at noon. >> reporter: a social security employee for 30 years is joining fellow federal workers across the u.s. to spread the word the "fiscal cliff" is looming and at stake social security benefits for millions. >> they seem to go for the people who had the least political pull, in other words poor and disabled and people here in east oakland. >> reporter: like this social
. >>> president obama says a budget deal could be reached in a week if republicans accept higher taxes for the wealthy he was 2% of americans. but that "fiscal cliff" deadline is less than four weeks away and still no deal between the president and republicans. cbs 5 political reporter grace lee on what this gridlock could cost californians. >> reporter: basically, it could cost us billions. the daily democrat estimates that if no deal is reached and we go over the...
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Dec 6, 2012
12/12
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. >>> president obama and speaker john boehner talk on the phone tonight for the first time in a week but they ended their conversation with no break in the deadlock over how to avoid the rapidly approaching fiscal cliff. the president's secretary said the administration is absolutely 3r-7d to go over the cliff if republicans don't agree to tax rate increases. speaker boehner says it is now up to the president to spell out a plan that will pass. the president told business leaders that ending fights over extending the country's debt ceiling have to be a part of this deal. now part of our deal here at 9news is having gary nurenberg follow these fiscal cliff developments. he is here with tonight's wrap- up. >> reporter: an knit tax you are right, the president and the speaker got on the phone but as if to signal the lack of progress the house got out of town. the republican controlled house left town wednesday saying it has nothing to do. >> we need a response from the white house. we can't sit here and negotiate with ourselves. >> reporter: the president's treasury secretary said there
. >>> president obama and speaker john boehner talk on the phone tonight for the first time in a week but they ended their conversation with no break in the deadlock over how to avoid the rapidly approaching fiscal cliff. the president's secretary said the administration is absolutely 3r-7d to go over the cliff if republicans don't agree to tax rate increases. speaker boehner says it is now up to the president to spell out a plan that will pass. the president told business leaders that...
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Dec 6, 2012
12/12
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in the meantime, "the washington post" released a survey earlier this week. it found 53% of people polled would blame republicans for going over the cliff. 27% would blame president obama. not a lot of sunshine that we're seeing this these talks. >> i was telling mike, i was listening to an interview with trent lott, former leader back in the days in the clinton administration. he said he and daschle would good friends and that they worked on it but he was also criticized by his fellow republicans for being a compromiser. when did compromise get to be a dirty word. >> we've seen signs of compromise on the side of john boehner and seen republicans go after him for doing that. >> exactly. it's a price of being a leader. what do you have for us in the next half-hour? >> it's the season we're dressing up our homes with a lot of holiday decor. it looks fantastic but can also be a little dangerous. we'll run through some of the possible dangers you might be having in your home right now. >> thanks, jess. >> you got it. >>> police are looking for suspects if the dri
in the meantime, "the washington post" released a survey earlier this week. it found 53% of people polled would blame republicans for going over the cliff. 27% would blame president obama. not a lot of sunshine that we're seeing this these talks. >> i was telling mike, i was listening to an interview with trent lott, former leader back in the days in the clinton administration. he said he and daschle would good friends and that they worked on it but he was also criticized by his...
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Dec 5, 2012
12/12
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WBAL
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. >> reporter: today, president obama and house republicans are locked in a politicalstair staredown. >> we can probably solve it in a week, it is not that tough, we need that breakthrough that says we need to do a balanced plan. >> although the president seems obsessed about raising taxes on you, we feel it is not the right direction to go. >> reporter: it comes down to a tug of war over taxes. the president's proposal, increasing rates on americans making more than $250,000, to raise 1.6 trillion over a decade. house speaker john boehner wants to cut the number in half. >> there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government. without raising tax rates. >> reporter: and the president today offered this warning to republicans. amid reports they may accept mr. obama's plan to extend tax cuts for most americans while allowing them to go up for the richest, and start the fight all over again during debt limit talks early next year. >> that is a bad strategy for america. it is a bad strategy for your businesses. an
. >> reporter: today, president obama and house republicans are locked in a politicalstair staredown. >> we can probably solve it in a week, it is not that tough, we need that breakthrough that says we need to do a balanced plan. >> although the president seems obsessed about raising taxes on you, we feel it is not the right direction to go. >> reporter: it comes down to a tug of war over taxes. the president's proposal, increasing rates on americans making more than...
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they're not due back until next week. but house speaker john boehner is staying behind, ready to sit down with the president. >> we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making more than $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> now, the revenues were put in. going to come from, guess who? the rich. . >> reporter: health republicans say if bush era tax cuts aren't extended for everyone, it will hurt the economy. and they invited small business owners here to capitol hill to make their point. >> reporter: max olsen opened an insurance company this year and is concerned he won't be able to add employees. >> you add their payroll, plus an extra tax amount. then i might not be able to hire them because of it. >> reporter: president obama pressed his case tuesday with ceos of some of the country's largest companies. >> and i'm here to tell you that nobody want
they're not due back until next week. but house speaker john boehner is staying behind, ready to sit down with the president. >> we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making more than $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> now, the revenues were put in. going to come from, guess who? the rich. . >>...
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Dec 5, 2012
12/12
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WUSA
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behind ready to sit down for face to face negotiations with president obama. so far the key players are not talking and listen to this. congressional aides say they aren't even communicating by phone or e-mail. the president is rejecting the latest republican proposal because it does not raise taxes on households making more than $250,000 a year. the gop wants the bush era tax cuts extended for everybody and is instead offering to close tax loopholes and limit deductions. >> the revenues we're putting on
behind ready to sit down for face to face negotiations with president obama. so far the key players are not talking and listen to this. congressional aides say they aren't even communicating by phone or e-mail. the president is rejecting the latest republican proposal because it does not raise taxes on households making more than $250,000 a year. the gop wants the bush era tax cuts extended for everybody and is instead offering to close tax loopholes and limit deductions. >> the revenues...
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they're notue due back -- not due back until next week. but house speaker john boehner is staying behind, ready to sit down and negotiate with the president. we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> the revenues on the table are going to come from guess who? the rich. >> reporter: they say if the bush-era tax cuts aren't extended for everyone, it will hurt everyone. and they invited people here to make their point. >> reporter: max olson opened an insurance company this year and is concerned he won't be able to add employees. >> you add their payrolls, plus an extra tax amount, then i may not be able to hire them because of it. >> reporter: president obama pressed his case tuesday, with ceos from some of the largest companies. >> i'm here to tell you, nobody wants to get it done more than me. >> reporter: the president wants
they're notue due back -- not due back until next week. but house speaker john boehner is staying behind, ready to sit down and negotiate with the president. we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> the revenues on the table are going to come from guess who? the rich....
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Dec 3, 2012
12/12
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CNNW
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heard about still includes those bush era tax cuts staying in place for everybody, which president obama has called a nonstarter. so what if we raised taxes a little bit? still be much lower than what americans paid just a generation ago. in 1980, the wealthiest americans paid a marginal tax rate of 70% of their income to uncle sam. now, tax reform under president reagan reduced that rate to 50% and in 1981, and closer to current levels in 1986. today, president obama wants to let the bush era tax cuts expire for wealthy americans only, taking up their marginal federal tax rate from 36% to 39.6%. we're talking about a 3.6 percentage point uptick for households making more than $250,000 a year, only on every dollar they make above the $250,000 amount. starts 2 s at $251,000. it is on the money you make on the margin. now, while i totally agree every penny counts when it comes to your money, when you compare that to the taxes most americans paid out in past decades, when there was phenomenal economic growth, i don't get why republicans are screaming bloody murder about this 3.6%. what if w
heard about still includes those bush era tax cuts staying in place for everybody, which president obama has called a nonstarter. so what if we raised taxes a little bit? still be much lower than what americans paid just a generation ago. in 1980, the wealthiest americans paid a marginal tax rate of 70% of their income to uncle sam. now, tax reform under president reagan reduced that rate to 50% and in 1981, and closer to current levels in 1986. today, president obama wants to let the bush era...
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Dec 6, 2012
12/12
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WBAL
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has violated the strategic partnership that the president signed last week. and he says it's a breach of afghan sovereignty. >> we signed the partnership agreement with expectation and hope that after signing the strategic partnership agreement the nature of the united states activity in afghanistan would change. >> reporter: u.s. casualties have dropped compared to 2011, but still 300 americans died in afghanistan this year alone. as for afghans, the united nations says that 3,000 civilians were killed from january through july. >> so who would you say is behind the insecurity? is it al qaeda? the taliban, or someone else? >> part of the insecurity is coming from terrorism. part of the insecurity is coming to us from the structures that america created in afghanistan in the private security firms. the contractors that they promoted at the cost of afghan people. and the way they behaved with afghan people and the anger that has caused in the afghan people, and the resulting insecurity. >> would you say you believe that some of these would be intentional insec
has violated the strategic partnership that the president signed last week. and he says it's a breach of afghan sovereignty. >> we signed the partnership agreement with expectation and hope that after signing the strategic partnership agreement the nature of the united states activity in afghanistan would change. >> reporter: u.s. casualties have dropped compared to 2011, but still 300 americans died in afghanistan this year alone. as for afghans, the united nations says that 3,000...
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Dec 10, 2012
12/12
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salad, sandwiches, and more. >>> president obama and congress have just three weeks left to find a way to walk the country back from that many looking fiscal cliff. it's hard to know whether any progress is being made. cnn's tom foreman is breaking down what's on the table and the balancing act at stake. >> hey, wolf. what you're looking at here is everything that the federal government spends money on. that scoreboard back there shows you the problem. last year, we spent $3.6 trillion on all of this stuff. but we only brought in $2.3 trillion in revenue or taxes. now, democrats, when they want to solve this deficit, they liked to solve more about that revenue side. they say, let's get the rich to pay more. let's get some more taxes. but republicans, they say, let's look a little bit more at everything in this room, even if we're going to increase revenue. because maybe by doing some s t strategic cutting we can make a bigger difference. you can have dramatic cuts in thing like homeland security and the energy department and the interior department. if you cut those programs out entire
salad, sandwiches, and more. >>> president obama and congress have just three weeks left to find a way to walk the country back from that many looking fiscal cliff. it's hard to know whether any progress is being made. cnn's tom foreman is breaking down what's on the table and the balancing act at stake. >> hey, wolf. what you're looking at here is everything that the federal government spends money on. that scoreboard back there shows you the problem. last year, we spent $3.6...
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Dec 5, 2012
12/12
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we're hering so far a measured response from the obama administration. >> secretary hillary clinton says it calls for ugt talks between president morsi. >> we have expressed that repeatedly over the last weeks. because almost two years ago, the egyptian people took to the streets because they wanted real democratic change. and they, therefore, not the americans, or anyone else, deserve a constitution that protects the rights of all egyptians. >> future could depend on how the situation plays out and if president morsi chooses democracy or dictatorship. >> i spoke about that with a guest. >> you met with high officials at the state department, the u.s. still provides egypt with economic and military assistance, about $1.3 million a year. hundreds of millions in economic aide, did they race that issue with you? there was concern that if president morsi continues to move in that direction, the u.s. assistance could be in trouble. >> i think it's important for the united states than it is for egypt. it's mutual interest and mutual benefit. and the relationship is depending on the relationshi
we're hering so far a measured response from the obama administration. >> secretary hillary clinton says it calls for ugt talks between president morsi. >> we have expressed that repeatedly over the last weeks. because almost two years ago, the egyptian people took to the streets because they wanted real democratic change. and they, therefore, not the americans, or anyone else, deserve a constitution that protects the rights of all egyptians. >> future could depend on how the...